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A company had the following... A company had the following purchases during its first year of operations: Purchases January: 28 units at $111 February: 38

A company had the following...

A company had the following purchases during its first year of operations:

Purchases
January: 28 units at $111
February: 38 units at $122
May: 33 units at $134
September: 30 units at $142
November: 28 units at $152

On December 31, there were 49 units remaining in ending inventory. These 49 units consisted of 10 from January, 11 from February, 6 from May, 9 from September, and 13 from November. Using the specific identification method, what is the cost of the ending inventory?

  • $6,510.

  • $5,168.

  • $5,090.
  • $6,662.
  • $6,358.

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